Why Real Estate Investors Should Have a Real Estate License

real estate investorsIf you’re a real estate investor, you spend a great deal of your time dealing with real estate professionals. You also spend a good deal of your investment profits on commissions paid to real estate agents. If you are able to devote the time and energy, you may want to think about getting your real estate license as a way to increase both your investments and your income. Although it may mean additional work to do, the benefits of having a real estate license outweigh the drawbacks for most real estate investors.

Remain in control

Becoming a licensed real estate agent will allow you to remain in control of your own transactions. You’ll be able to list and market your own properties. You will no longer have to worry that your agent is not doing enough to promote your homes for sale; no one will work harder to sell your property than you will. Having first hand contact with the other people working on the deal is also helpful. With your real estate license, you are free to negotiate with other agents, as well as deal directly with appraisers, attorneys, and mortgage brokers to stay updated on the progress of the deals in your pipeline.

Get access to MLS listings

Having access to MLS listings is another huge benefit for real estate investors with a real estate license. All of the latest information on available homes will be right at your fingertips. No longer will you have to rely on a real estate agent to bring the great deals to you. As a licensed real estate agent, you can find them for yourself. Having a license is a tremendous advantage when it comes to seeking out those unbelievable real estate investment deals. You will never miss another fantastic opportunity because you missed a call from your real estate agent.

Increase your income potential

The most obvious advantage enjoyed by real estate investors with a real estate license is the remarkable potential to increase your total income. First of all, you will be paying out significantly decreased fees by not having to pay a commission to an outside real estate agent, therefore keeping more of the sales profits in your pocket. Then there is the additional increase in income that you will generate in commissions from listing and selling your own properties. The potential increase in commissions from sales could be quite significant to your overall income at the end of the year.

What real estate investors need to know about becoming a licensed agent

When thinking about getting your real estate license, there are a few things that real estate investors should consider. It will require completing all of the requisite real estate licensing education as required by your state and of course you can do that through our online real estate school here at Real Estate Express. When business is good, there will be a significant amount of added paperwork and marketing involved in selling your own properties. What is certain is that the added work can pay off in a big way.

Ready earn your real estate license? Real Estate Express has helped more than 200,000 real estate professionals master their careers—from licensing to continuing education and onward. Get licensed in your state.

Comments / Questions

  1. Joe says:

    Being a real estate investor and being a professional real estate salesperson are mutually exclusive. Real estate investors should not run out to get a license just to save X % on commissions for each purchase or sale.

    More times than not, an experienced Realtor can save an investor time, money, and heartache that far-exceeds the dollar amount of commissions.

    Real estate investors should surround themselves with a team of professionals that they trust, and they should create financial forecasts that weigh in ALL costs associated with an investment.

  2. Jay Banks says:

    In case you decide to pursue a career in real estate or you are a big time investor (if you’re not, real estate business is probably not one of your main interests and you should leave it to professionals), I would definitely recommend getting a license, and it’s not that hard nowadays, when you’re really determined and willing to dedicate your efforts to it.

    And to become a realtor it’s not a bad idea either, the situation on the market is very good these days, yesterday I saw an article about real estate market being one of the hottest areas in the job market. There will always plenty of opportunities – and it’s a great job – the best job in the world, to me.

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